Steve Rozenberg emphasizes why it's important to stick to your leasing agreement as an owner, including the risks you're taking if you let tenants pay late and don't charge late fees per your contract. Some owners think they're being nice by giving a few extra days for tenants to pay rent and not charge the stated late fees but Steve Rozenberg reminds us that by not following your rules and procedures, you're going against the contract that is binding between you as the owner and the tenant.
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